This review is done with detailed analysis of the high frequency data on the Indian money, foreign exchange and government securities markets; this review is written along with critical commentaries on the backdrop developments in the real, fiscal and financial sectors generally and money and banking trends in particular; it is being published in the EPW once every month. For far wider dissemination, it is also being uploaded on the institution’s web site. The scope of this review has been expanded to cover systematic data on major commercial bond issues and their characteristics.

The Financial Market Review is a comprehensive coverage of enormous developments that take place in the financial markets on a monthly basis. It encompasses a detailed analysis of high frequency data and trends observed across all sub-segments, viz., money market, forex market, government securities market, corporate bond market and commodity derivatives market. Besides, it also attempts to present the implications of policy initiatives undertaken in the backdrop of real sectors’ developments.